TransferMate launches API for cross-border B2B payments

Source: TransferMate

TransferMate, one of the world’s leading cross-border B2B payments providers, today at Money2020 Europe in Amsterdam launched the TransferMate API, allowing software partners and business customers access to its globally regulated payments technology through direct integration.

With the ability to securely embed same-day, cross-border payments in 162 countries and 134 currencies directly into treasury, accounts payable or ERP systems, the TransferMate API can handle thousands of payments at once, reducing administrative workload and saving businesses time and money.

Gary Conroy, Chief Product Officer at TransferMate said: “Today’s announcement is a call to action for technology platforms to seize the opportunity and embed payments into their systems. By implementing the TransferMate API, our partners provide a seamless payment experience to their customers, get an incremental revenue stream themselves, and TransferMate does the heavy lifting as the regulated entity. TransferMate transforms traditional cross-border payments by utilising their own global network of local bank accounts and worldwide license footprint. TransferMate has to date provided the service via online and white-label solutions, and now we are delighted to announce that platforms can access TransferMate’s award-winning payments solution via the TransferMate API.”

The TransferMate API offers a full suite of secure developer tools and webhook functionality, all fully documented on its developer portal. Key API calls include: token-based authentication request, setting up bank accounts, adding beneficiaries, getting an exchange rate, booking a payment, and getting status updates on payment progress.

The TransferMate API allows businesses to integrate payments technology with their current systems, enabling them to focus on what they do best while partnering with an industry-leading international payments firm to enhance their current customer offering. Businesses can view developer documents and register for access at developer.transfermate.com.

 

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